Operating Expenses

Defined Contribution Plan Cost

Williams Companies Defined Contribution Plan Cost remained flat by 0.0% to $17.25M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 15.0%, from $15.00M to $17.25M. Over 2 years (FY 2022 to FY 2024), Defined Contribution Plan Cost shows an upward trend with a 14.1% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2024Feb 25, 2025

How to read this metric

An increase may reflect higher headcount, increased matching percentages, or rising salary bases, while a decrease could indicate cost-cutting or plan changes.

Detailed definition

The total expense recognized by the company for contributions made to employee defined contribution retirement plans, su...

Peer comparison

Standard personnel expense; peers report this under SG&A or operating expenses.

Metric ID: cat_defined_contribution_plan_cost

Historical Data

3 years
 FY'22FY'23FY'24
Value$53.00M$60.00M$69.00M
YoY Change+13.2%+15.0%
Range$53.00M$69.00M
CAGR+14.1%
Avg YoY Growth+14.1%
Median YoY Growth+14.1%
Current Streak2+ years growth

Defined Contribution Plan Cost at Other Companies

Frequently Asked Questions

What is Williams Companies's defined contribution plan cost?
Williams Companies (WMB) reported defined contribution plan cost of $17.25M in Q4 2024.
How has Williams Companies's defined contribution plan cost changed year-over-year?
Williams Companies's defined contribution plan cost increased by 15.0% year-over-year, from $15.00M to $17.25M.
What is the long-term trend for Williams Companies's defined contribution plan cost?
Over 2 years (2022 to 2024), Williams Companies's defined contribution plan cost has grown at a 14.1% compound annual growth rate (CAGR), from $53.00M to $69.00M.
What does defined contribution plan cost mean?
The cost of company contributions to employee retirement savings plans.